SCLG2616 Study Guide - Final Guide: Nationstates, Transnationalism, Global Governance

• School: University of Sydney
• Department: Sociology
• Course: SCLG2616
• Professor: all

Document Summary

Globalists take the position that there is such a thing as globalisation and it encompasses the whole globe. Globalists give great importance to the rise of a global culture. Economically, the globalists emphasize such structures as multinational corporations, the transnational economy, and the emergence of a new global division of labor. The skeptics argue that within the economy, there are few genuine mncs most continue to be based in their original national locations. The globalists also contend that while the continuing power of nation-states, singly and collectively, is undeniable, their ability to control economic markets is steadily declining and in some markets (e. g. financial markets) their control is already minimal. Politically, the globalists emphasize multilateralism whereas the skeptics continue to focus on intergovernmentalism. Globalists emphasize the decline of people who rigidly adhere to fixed political identities. Such a decline leaves people much more open to global popular culture.